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Vancouver strata retail of 816 square feet sells over assessment

Main floor unit at West King Edward at Cambie Street sold for $850,000, about $120,000 above assessed value, after three offers.
1027 West King Edward, Vancouver

Type of property: Strata retail

Location: 1027 West King Edward, Vancouver

Number of units: 1

Property size: 816 square feet

Zoning: C-2

Assessed value: $765,000

List price: $888,000

Sale price: $850,000

Date of sale: February 17, 2021

Brokerage: NAI Commercial, Vancouver

Broker: Brian Mackenzie